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Cisco (CSCO) Shares Open Down Almost 6%

May 12, 2011 9:50 AM EDT
After trading down about 3 percent throughout most of the morning's pre-market session, Cisco (Nasdaq: CSCO) shares have now opened down nearly 6 percent. Further, shares of Cisco traded higher just after the release of its Q3 results, however seemingly bearish comments from CEO John Chambers weighed on the stock Wednesday afternoon.

The stock last traded at $16.81.


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